PACQ stock: buy or sell?

PACQ stock price: $10.39 0.00% At close on March 31st, 2020

Updated on:
March 31st, 2020

3

Pure Acquisition remained stable 0.00% to $10.39 after marking all time highs on Thursday. Tuesday was the fourth green day in a row, marking 0.87%.

Should I buy PACQ stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Pure Acquisition stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean PACQ will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Pure Acquisition stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for PACQ stock for the last 30 days.

PACQ stock analysis

Daily outlook

After reaching all time highs on Thursday, Pure Acquisition remained constant 0.00% to $10.39.

After marking all time highs on Thursday, Pure Acquisition remained steady 0.00% today to $10.39. On Mar/20 PACQ price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On Thursday, PACQ hit a new all time high, pushing higher than on March/10 tops. Check different trading setups that use ATHs as triggers.

PACQ stock chart (daily)

Weekly outlook

Shares of Pure Acquisition ended this week at $10.39 and stayed steady a tight 0.19%.

Not so far away is the last price record Pure Acquisition marked last week. Since price and SMA40w lines crossed up last week, PACQ climbed $0.09 (0.87%).

PACQ stock chart (weekly)

PACQ stock price history

PACQ IPO was on May 29th, 2018 at $9.75 per share1. Since then, PACQ stock surged a 6.60%, with a yearly average of 6.60%. If you had invested $1,000 in PACQ stock in 2018, it would worth $66.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PACQ stock historical price chart

PACQ stock reached all-time highs on Thursday with a price of $11.38.

PACQ stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price target for Pure Acquisition stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

PACQ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
0000-Q1-n/an/an/a
0000-Q2-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Pure Acquisition ownership

When you are planning to invest in a stock, it's worth to overview its ownership structure.

Pure Acquisition shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

Bearish positions for PACQ stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Pure Acquisition:

PACQ
Market cap$370.1 M
Total shares35.6 M
Float shares25.1 M
  - Institutional holdings (%)108.4%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

PACQ summary

Tuesday, March 31st, 2020
Open$10.39
Close$10.39
Day range$10.39 - $10.45
Previous close$10.39
Session gain0.00%
Average true range$0.21
50d mov avg$10.42
100d mov avg$10.37
200d mov avg$10.26
Daily pattern
Weekly pattern

Pure Acquisition performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Pure Acquisition performance to :
Stock3m6m12m
PACQPure Acquisition0.39%1.46%3.18%

Pure Acquisition competitors

Unfortunately, we could not find any public company that could be defined as Pure Acquisition competitor. This doesn't mean Pure Acquisition does not have any competitor in the market, it's just we could not detected it.